Showing 101 - 110 of 204,609
This study investigates the macroeconomic determinants of household consumption in selected West African countries. The … "domestic credit to the private sector" significantly improve household consumption in the selected West African countries as a …
Persistent link: https://www.econbiz.de/10012228925
The Eurozone fiscal crisis has created pressure for institutional harmonization, but skeptics argue that cultural predispositions can prevent convergence in behavior. Our paper derives a robust cultural classification of European countries and utilizes unique data on natives and immigrants....
Persistent link: https://www.econbiz.de/10012061562
This paper is devoted to the role of information context in the dynamics of consumption/savings decisions. The … consumption to the detriment of savings, which then reduces the investment base of the economy. The authors analyze the connection … some lag correlated with the cycle in consumption/savings decisions in the Russian Federation. The authors conclude that …
Persistent link: https://www.econbiz.de/10012916258
Empirical studies have found that most households do not have recommended levels of emergency funds. A three-period model of optimal consumption is presented. The theoretical model suggests that many consumers without recommended levels of liquid assets may be acting rationally. The model is...
Persistent link: https://www.econbiz.de/10014221594
The 2020 Covid-19 pandemic led to a large number of studies in household finance, using new high-frequency data in … close to real time. This paper surveys household behavior during the pandemic, with a focus on consumption, government … other recessions, which is consistent with both shutdowns and precautionary savings. Delinquency rates fell, unlike in other …
Persistent link: https://www.econbiz.de/10014236482
We analyse the decline of household saving rates in the bottom half of the income distribution in Germany since the … combine survey data on household consumption with our own representative survey on the visibility and status relevance of …
Persistent link: https://www.econbiz.de/10014327422
We analyse the decline of household saving rates in the bottom half of the income distribution in Germany since the … combine survey data on household consumption with our own representative survey on the visibility and status relevance of …
Persistent link: https://www.econbiz.de/10014299522
We analyse the decline of household saving rates in the bottom half of the income distribution in Germany since the … combine survey data on household consumption with our own representative survey on the visibility and status relevance of …
Persistent link: https://www.econbiz.de/10014301401
In this paper, a formal test of intra-household commitment is derived and performed. To that end, two models of … household intertemporal behavior are developed. In both models, household members are characterized by individual preferences …. In the first formulation, household decisions are always on the ex-ante Pareto frontier. In the second model, the …
Persistent link: https://www.econbiz.de/10014065780
unions can demand different hours from different households, directly taking household heterogeneity into account. In this … households work the same amount but prohibits unions from requiring any household to work more than it would like to. This …
Persistent link: https://www.econbiz.de/10014467926